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Hey guys, just signed up and have some questions about multi-accounting

  • Ok, i know mostly what’s involve with the set-up, still gotta work out whether to use mobile or a laptop which i’ll come to as i’d love some advice on this.

    But the sticking point for me atm is the income being taxable and whether that’s something to be concerned about, or not! As most i know (been mbing since 2017) do it for a lot of friends and family and don’t seen remotely concerned about this which i’d think they would be if it was such a big issue.

    So what’s the skinny on this? I understand technically it would be if my friend pays me but i’m not sure on the ideal set up, what i should keep records of, what, if anything i need to tell the hmrc etc etc.

    I’m just trying to connect dots here so i’m going into it with my eyes open, i know mbers run multiple accounts and don’t seem to have any concerns other than accounts being closed or funds being confiscated so would appreciate some clarity on this to help navigate this particular issue. Need me to clarify anything then please.

    Cheers!

    +0
    CapnSpanky
    0
    June 22, 2020 at 7:06 pm

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    CapnSpanky 0 August 18, 2020 at 6:12 pm

    Is it maybe a good idea to notify the bank of what i’m doing outlined above?

    +0
    CapnSpanky 0 August 18, 2020 at 7:12 pm

    I have a follow up question, it’s regarding the equipment to use.

    I’ve been shown how to do this on a desktop with the phone emulation and extensions so it looks like your betting from a mobile phone, i’d be doing it on my desktop with a new user profile, chrome profile etc but i’m a little dubious that it won’t be 100% infallible from detection or that i’ll make a mistake. Only reason i’m considering it is the screen real estate and been able to do multiple offers atst to make more profit, time=money etc.

    But a mobile handset is more straightforward and i can use with my computer for the lay bets, tracking profits etc but what do you guys recommend/use? Phone gives me more mobility so i can use it wherever and don’t have to be tied to my computer.

    I’d thought about getting a laptop and using that for multi-accounting; best of both worlds or using a mobile in tandem for doing offers on the go.

    Just wondering what more experienced mbers are using and looking for some guidance on the pros and cons of each setup, pitfalls etc.

    Cheers!

    +0
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